News Headlines Article

How did Obamacare do this year and what’s ahead in 2016?

Since it’s signing into law in March 2010, the Affordable Care Act (ACA) has passed through multiple hurdles and overcome numerous challenges, but many say stormy seas remain ahead. Despite this, there’s no doubt it has significantly reduced the number of uninsured Americans. An estimated 11.7 million people received health insurance via marketplaces during the 2015 open enrollment, based on federal data.  An April 2015 Gallup Poll showed the uninsured rate of U.S. adults fell to 11.9% in Q1, a big improvement from 18% in 2013 before coverage via state and federal exchanges started. Medicaid enrollment increased by 10.8 million since October 2013 and uninsured rates dropped lower in states that expanded Medicaid.